Cryptocurrencies
Troubled Crypto Exchange Zipmex Says Mulling Possible Offer
- Due diligence to start after talks with interested parties
- Zipmex had halted withdrawals last week amid financial woes
This article is for subscribers only.
Zipmex, a cryptocurrency exchange that operates in markets like Singapore and Thailand, said on Sunday it was considering a possible offer after talks with interested parties, and that due diligence should commence.
The Asian platform was among several in the digital-assets industry encountering financial difficulties in recent weeks. On Thursday, it had halted withdrawals as the fallout from a series of defaults spread further throughout the industry.